when Mr. Chu pressures the BOD and CEO to take turnaround actions all the CEO and BOD has communicated is that they disagree with some of the things Mr. Chu has said, that they have taken his suggestions under consideration but he never gets a clue of what turnaround actions they are planning or taking except that they tell him to check the SEC filings:
here is excerpt of the typical BOD and CEO reply to Mr. Chu:
" We urge to you to follow the company's public filings thoroughly and would like to assure you that protecting the interests of the shareholders remains a top priority for the Company’s Board of Directors and management Moreover next time that our CEO will be in the USA will be more than happy to meet with you and address any concerns you may have. Thank you and best regards " ………………………………………..
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